📰 What you need to know this Wednesday, November 27

 

🇧🇷 Brazil could also have its own strategic reserve of Bitcoin

Deputy Eros Biondini presented a bill for the country to allocate 5% of its international reserves to the purchase of BTC.  

📑 Trump administration seeks CFTC —not SEC— to oversee crypto.

It would need less strict regulation for cryptocurrencies if it wants to fulfill its promises to promote innovation and support the sector.

 

🇺🇸 The rise of Bitcoin could be the “salvation” of the U.S.

Since one of the main supports of USDT are treasury bonds, the rise of Bitcoin and the consequent issuance of USDT could help the government.  

⚖️ Court declares sanctions against Tornado Cash smart contracts illegal.

Is a regulatory trend change towards the cryptocurrency industry beginning?

⚠️ In the last 24 hours, 97,490 traders were liquidated, and the total liquidation reached $284.05 million.

The largest individual liquidation order occurred on Binance - ETHUSDT for a value of $11.85M.

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